Credit Report Peep Show

So here's an update on the school financial situation. Now that I am considering using the "matrimoney" for a down payment on a loft there's the issue of paying for school.

Of course I could just accept the loans offered by the federal government with the ungodly interest rates, but I'm not too keen on that option. I started exploring the option of borrowing from private lenders. I found about ten that had wayyyy better interest rates than what dear old uncle sam wants to give me and then called my dad to consult.

Me: "Should I just apply to all of them?"

Dad: "No, just pick two or three. Every time someone has to check your credit it lowers your credit."

Me: "What the fuck?!"

Ok-- apparently, its only when people are checking your credit, because you are requesting a loan. I guess the fact that you are requesting a loan indicates that you expect to be in debt. AWESOME.

Believe me at first I was thoroughly pissed before clarifying this, because every time you rent they run a credit report on you. Glad to have that straightened out.

I decide to apply through three private lenders. I complete the first application and am declined on the spot.

WHAT THE FUCKKKKKKKKK?!

(It was really a "What the fuck" kind of day- not my favorite)

I told my dad.

Dad: "When was the last time you checked your credit."

Me: "Um, never. But, I figured it was HA-MAZING, because I don't have any debt and I pay off my credit card in full every month. I mean WHAT THE FUCK?! How could they decline me?!"

(NOTE: I would just like to take a moment to thank my dad for listening to all this... I interrupted his date night with my step mom. Whoops!)

I did the only thing I could do from there. I went to Equifax, paid the $16 bucks and checked my credit. My score was 698. Which falls in the "Good" category.

Of course I was pissed again. I really do not like falling short of HA-MAZING- plus, how could my credit NOT be PERFECT?! (which is an 850)

I scrolled down to the details. Apparently I am being penalized for not having different types of credit- it looks better if you have mortgage payments in addition to just paying off your credit card. Way to promote home ownership. I scowl.

What else? They say I have debt? Hmmm... let's take a look at this. Ok- there's my visa and yup, there's a balance. But, it's not due for another three weeks!!!! ARGHHHHH. This really is the most frustrating thing EVERRRRRRR. I scroll down further. American Express $10K balance.

WHAT THE FUCK!!!

I don't own an American Express. Ahem. I pick up my phone and text my dad.

Me: "Ahem. Your credit card is on MY credit report!"

Dad: "You should probably contest that."

Me: "Yea since it says that I've charged 113% over my credit limit!!!!"

WHY IS CREDIT SO DAMN FRUSTRATING. I really don't know.

Sigh. So I submitted a debt dispute to Equifax... we'll see if that helps anything.

xoxo Jildo.